Real Estate Investment Trusts (REITs)
Company Overview of American Realty Capital Healthcare Trust, Inc.
American Realty Capital Healthcare Trust, Inc. is a privately owned real estate investment trust. The firm engages in acquisition of income producing real estate properties operating in the healthcare sector in the United States. It primarily invests in medical office buildings and healthcare-related facilities include hospitals, rehabilitation and surgical centers, assisted-living properties and skilled-nursing facilities. American Realty Capital Healthcare Trust, Inc. was formed on August 23, 2010 and is based in the United States.
405 Park Avenue
New York, NY 10022
Founded in 2010
Key Executives for American Realty Capital Healthcare Trust, Inc.
Chief Executive Officer and Chairman
Executive Vice President and Chief Financial Officer
Executive Vice President and Chief Investment Officer
Executive Vice President and Secretary
Compensation as of Fiscal Year 2013.
American Realty Capital Healthcare Trust, Inc. Key Developments
American Realty Capital Healthcare Trust, Inc. Announces Executive Changes
Dec 16 13
American Realty Capital Healthcare Trust, Inc. announced that Brian S. Block resigned from his roles as chief financial officer and executive vice president. Simultaneously with Mr. Block's resignation, the company's board of directors appointed Shawn P. Seale to serve as the company's chief financial officer. Similarly, Mr. Seale will also replace Mr. Block as chief financial officer of the company's advisor and property manager. Shawn P. Seale, CPA, served as chief financial officer of American Realty Capital New York Recovery REIT, Inc. since December 2013. Mr. Seale has been senior vice president of ARC Advisory Services, LLC since the closing of ARCP's acquisition of CapLease, Inc.
American Realty Concludes Strategic Alternatives
Dec 6 13
American Realty Capital Healthcare Trust, Inc. (ARC Healthcare) concludes strategic alternatives. ARC Healthcare announced that its Board of Directors has determined it is in the best interest of ARC Healthcare's stockholders to proceed to file an application to list its common stock on a national stock exchange under the symbol "HCT," and anticipates that its common stock will be listed on such exchange in the first quarter of 2014. This action, made in consultation with ARC Healthcare's financial advisors, BofA Merrill Lynch, Pierce, Fenner & Smith Incorporated and RCS Capital which is consistent with ARC Healthcare's previously announced decision to examine its strategic alternatives in line with its long-term business strategy. This decision is the result of a process begun in the spring of 2013 by ARC Healthcare's Board of Directors to evaluate possible strategic alternatives designed to maximize stockholder value. Thomas P. D'Arcy, Chief Executive Officer of American Realty Capital Healthcare Advisors, LLC, offered, "Our management team has worked hard and long to build the best portfolio of healthcare real estate assets. We have purchased these properties at the right time in the real estate cycle, buying strong locations around the nation with creditworthy tenants, and have built a diversified pool of medical office buildings, hospitals and senior living facilities. We believe the public traded markets will be very receptive to an offering of this sort." Nicholas S. Schorsch, Chairman and Chief Executive Officers of ARC Healthcare, added, "In our view, Tom D'Arcy is the ideal executive to lead ARC Healthcare on to an exchange. He has been a NYSE CEO previously, and therefore has a deep understanding of what behaviors the market rewards and what he will need to do to deliver stockholder value."
American Realty Capital Healthcare Trust, Inc. Announces Demise of Walter P. Lomax, a Member of the Board of Directors
Nov 21 13
American Realty Capital Healthcare Trust, Inc. regretfully reports that, on October 10, 2013, Dr. Walter P. Lomax, Jr., a member of the Board of Directors, passed away. Dr. Lomax served as a member of the Board of Directors and the Audit Committee since January 2011. In light of Dr. Lomax's passing, the Board of Directors of the Company appointed Portia Sue Perrotty as a member of the Board of Directors and Audit Committee, effective November 17, 2013.
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